Date posted March 1, 2010 | Posted by Michele Cullen | Filed under
Sales News,
Staff FavouritesMelbourne Vic (March 1st, 2010) - The first day of trade at the Inglis Premier yearling sale has wound up at the Oakland’s Junction complex with a colt by
Exceed and Excel selling for
$300,000 taking the opening
session honours.
Victorian trainer Mick Price joined forces with Bluesky Thoroughbreds to secure the grey colt from the Group 2 VRC Sires’ Produce stakes winning De Lago Mist (by Encosta de Lago), a descendant of the family of Wanted and last Saturday’s Group 3 winner Shrapnel, from the draft of Three Bridges Thoroughbreds.
The next highest amount paid was $200,000 by McDonald Racing for a filly by Stratum offered by Victorian Farm Burnewang North. Offered as lot 64 the bay filly was out of the Group 2 Edward Manifold Stakes winner Coupe (by Spinning World).
Exceed and Excel - De Lago Mist (by Encosta de Lago) sold for $300,000
One of many international visitors, Guy Mulcaster from New Zealand, paid $180,000 for a bay filly by Starcraft from Debutante Robe (by Admire Vega) from the draft of Bellerive Stud. While a colt by Lonhro from Fashion Week (by Dehere) caught the eye of Ricky Yiu, trainer of Hong Kong’s top rated sprinter Sacred Kingdom, selling for $170,000.
Earlier in the day, Yiu had paid $130,000, for a bay colt by Exceed and Excel out of the Canny Lad mare, Best O’Barossa, from the draft of Swettenham Stud.
Star Thoroughbreds, Denise Martin paid $170,000 for a colt and a filly. The colt, a bay, was by O’Reilly from Frankish (by Carolingian) and the filly, a chestnut, by Starcraft from the Beautiful Crown mare Bella Inez, a non-winner that hails from the family of the Caulfield Guineas winner, In Top Swing (by Beautiful Crown).
Earlier in the day the half-brother to Tawqeet by Deep Impact was purchased by Japanese interests for $150,000.
Gross receipts for Monday’s session totalled $9,007,500, up $2million on the corresponding session from a year ago, for the 126 yearlings sold a clearance rate of 74%. The average at this stage is running at $71,488, a rise of 30% from 2009, with a 33% gain on the median to $60,000.
“This session illustrates that the market is on the way back up,” explained William Inglis Director, Peter Heagney.
“Last year the sale was dominated by one buyer and this year we are seeing buyers from all over the place selecting some nice prospects”
“While the clearance rate was looking a little wobbly for a while it picked up towards the end of the day and the figures are very good indicating that there is an interest in—and a market for—quality yearlings.”
The first lot through the ring tomorrow is a chestnut filly by Encosta de Lago out of the stakes placed It’s Who Deanie (by Fuji Kiseki) from the draft of Makybe at 11am.
Day 1, Session 1 Statistics
Catalogued: 185
Withdrawn: 15
Sold: 126 (74%)
Passed In 44 (26%)
Gross Amount: $9,007,500
Highest Lot: (Lot 86) $300,000
Average: $71,488
Median: $60,000
Related posts:
- Starcraft shines at PremierMelbourne, Vic (March 3rd, 2010) - The third day of...
- Arrowfield shines at PremierMelbourne, Vic (March 3rd, 2010) - The third and final...
- Arqana’s October Yearling Sale Off To A Solid StartIn France overnight trade was brisk for the opening day...
- DBS Off To A Solid StartNews from Doncaster Bloodstock Sales (DBS) that buyers expressed ‘frustration’...
- Solid Start to Tattersalls July saleThe Tattersalls July Sale got off to a solid start...
Related posts brought to you by Yet Another Related Posts Plugin.
